Positional Paisa Double Trade RBL BANK
LTP 165
SL CLB 110
Add on Dips
Tgts 200-260-290-320-360-390
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RBLBANK trade ideas
RBL Bank Share Projection For Next 60 DaysRBL Bank, formerly known as Ratnakar Bank, is a private sector bank headquartered in Mumbai, India. Here's a brief overview of the bank's details and history:
### Details:
- **Full Name**: RBL Bank Limited
- **Founded**: 1943
- **Headquarters**: Mumbai, Maharashtra, India
- **CEO**:
- **Industry**: Banking, Financial Services
- **Products**: Corporate banking, retail banking, agriculture finance, financial inclusion, treasury and financial market operations
- **Stock Listing**: RBL Bank is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India.
### History:
1. **1943**: Founded as Ratnakar Bank in Kolhapur, Maharashtra, primarily to serve small businesses and traders.
2. **2010**: The bank underwent a transformation under new leadership, focusing on professional management and expanding its services.
3. **2014**: Ratnakar Bank rebranded as RBL Bank to reflect its new identity and growth strategy.
4. **2016**: RBL Bank launched its initial public offering (IPO) and was listed on the BSE and NSE.
5. **Expansion**: Over the years, RBL Bank has expanded its network across India, offering a range of banking services including retail, corporate, and rural banking.
RBL Bank has gained recognition for its rapid growth and innovative services, catering to both urban and rural customers in India.
RBL Bank : inverse Head And Shoulder formation ??RBL bank is looking promising and may form Inverse head and should and eventually breakout
RBL bank - long for 10 %stock is undervalued at the moment
for past 3 months, taking support at 150 and recently showing signs of bullish reversal
MACDs are positive
Target and sl marked
RBL Bank at Multi-Year Lows-Contrarian OpportunityWarren Buffett's philosophy of "buy when others are fearful" resonates with the current scenario of RBL Bank. From its peak of ₹700, the stock has witnessed a steep decline, sparking concerns among investors. However, such situations often present lucrative opportunities for contrarian traders and value investors.
Is the current price an attractive entry point or a falling knife? A deep dive into technical and fundamental analysis can reveal whether it's time to embrace the fear or stay cautious.
Disclaimer: This is educational post and study further if you wishes to invest.
RBLBANK!Simple explanation:
Candlesticks: Each candlestick shows the price of the stock for one day. A green candlestick means the price went up that day, and a red one means the price went down.
Fibonacci Retrenchment Levels: These horizontal lines are like checkpoints, showing important price levels where the stock might stop and change direction. Think of them as guideposts on a trail.
Price Targets: These are the expected price levels the stock might reach. For example, if the stock moves up, it could hit the price target marked by an arrow.
Volume: This shows how many stocks were traded. A high volume means lots of people were buying or selling that day.
Current Price: The current price of the stock is ₹152.79, which is down by 7.02%.
So, traders use this chart to understand past price movements and predict future changes, helping them make decisions on buying or selling the stock. 📈📉
Hope this helps! If you have questions, just let me know.
SWING TRADE -RBL BANK HH HL uptrend - bounce from support of 20 ma
Script looks promising for 4-15 days of holding having decent SL till NIFTY retraces good to Go !
RBL BANKHello & welcome to this analysis
Stock has activated two bullish harmonic patterns within the same potential reversal zone - Deep Crab and Bat.
As long as it holds 135 it could retest 190-200 (gap area), above that 225-235 (area of distribution before breakdown)
Decent risk reward set up for medium term perspective
RBL BANK#RBLBANK
RBLBANK is showing promising momentum,
forming a strong higher highs pattern!
It's looking like a solid buy setup.
Question for you: Will you consider
buying near *175, eyeing a potential target of *450+
RBL BANK -: 288 ₹ UPSIDE 48 %RBL BANK -: 288 ₹ TARGET
STOP LOSS -: 52 WEEK
UPSIDE MOVE 48 %
It may be noted that Centrum Broking has maintained a 'Buy' rating on RBL Bank with a target price of Rs 291, suggesting a potential upside of 65.81% from its current low
RBL BANK FOR 300% UPSIDEtechnically RBL bank is a buy call for upside seen more than 300% to it's lifetime high and is retraced even 45% from its 52 week high.
This Private bank major is below RSI and generating a buy signal on the charts.
Fundamentals are looking good for long term.
Note: Having a notable holding in the entity at various price levels.
The trend is positiveRBL Bank CMP 201.2
The complex correction in the counter has just delayed the bull run in this counter. In my view it is all set to move north.
Elliott- The rally from the lows has impulse waves which means the bull trend has started. In my view the complex correction is done .
Fib- the 190 is a confluence zone and hence a strong support.
RSI-+ve divergence on the weekly chart is confirming the reversal
Volume- thats accumulation.
Conclusion - its definitely an opportunity.
BUY RBL BANKSwing trade opportunity in RBL BANK as the stock retests support trendline.
T1-223
T2- 238
T3- 255
Gear for 300 points in RBLBNK: 2.3X possible from 212🚨#StockToWatch
📈Gear for 300 points in #RBLBNK: 2.3X possible🚀
🏷️CMP: 212
👌🏼Book Value: 245
🎯Target according to Pattern: 526
⏳Timeframe: 15 months
🔍Pattern: Inverse Head and Shoulder
💪🏻Strong Support at 206
RBLBANK // Levels // 4H"Welcome to SkyTradingZone "
Hello Everyone 👋
RBL Bank's support and resistance levels are crucial for investors and traders. Here are the key levels to watch:
- Support Levels:
- S3: 210.98
- S2: 212.25
- S1: 214.26
- Pivot: 215.53 ¹
- Resistance Levels:
- R1: 217.54
- R2: 218.81
- R3: 220.82 ¹
Additionally, the Relative Strength Index (RSI) is at 45.17, indicating a neutral trend ¹. The Stochastic RSI is at 0.64, suggesting an uptrend, while the Commodity Channel Index (CCI) is at -54.12, indicating a downtrend ¹.
It's essential to note that these levels are based on the price range of the previous trading day and may change as market conditions evolve. For the most up-to-date information, consider checking reputable financial sources like ET Money and T.
RBLBANK 12-09-2024Happy learning with trading. I just shared my view. If correct give me one like. If not correct me.
Points to Note:
1) from strong support trendline and support area.
2) decent banking stock to add in portfolio for long term.
Disclaimer:
I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
RBL BANK: READY TO FLYDespite good results, RBL Bank has not yet gained momentum. It is expected to start moving next week. Entry and exit points are indicated on the chart. Large trading volumes are anticipated for the coming week.
RBL bank simple price actionRBL bank Potential price action. It's about to reclaim the 50% fib soon. Unless any bad news come. There is clear rising pattern formation in daily weekly chart.
RBL bank analysisrbl bank is facing resistance at 278 and stock is banded above 238 level in last few days buying can be seen with a target of 278 as passed
Positional TradeRBL BANK CMP 230
Add on Dips
For 260-280-300-320 & maybe More
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For more info - Kindly visit my profile
Rgds,
Naresh G
Sebi Reg. RA
Worth Buying hereRBL Bank CMP 225
This stock has remained sideways for the past several months. I think the wait is finally over. This stock should now pick up very strongly from here.
Thinking of BUYING ?Monthly Time Frame
Since 12 Month trading in a range that is below Aug 2016 price. Watch for Monthly close above 20 Moving average Monthly.
Weekly
At Support- Made Bullish Candle in this week ie 19th Aug 24
Daily
Price- 20 Aug 24- Bullish Candle with High Volume- Signal Candlel- Buy above it with SL low of it.
Pattern - W in formation
Volume- Increasing since last 3 days
Momentum- RSI Bullish Diversion with Bullish range shift- ie RSI above 40
Volatility Diversion - One leg outside the BB, other inside
Entry at present levels is low risk with high rewards
Educational purpose
